The power markets of Europe continue their shift to 15-minute settlement periods today (30 September), a reform which could increase the revenue opportunities for energy storage and other flexibility resources.
Investment and IPP news from across Europe, with DTEK buying a BESS project in Poland, Ingrid inaugurating one in Sweden and Triodos investing in a German portfolio.
IPP EP Produzione has ordered 220MWh of BESS from inverter and energy storage firm Sungrow in Italy, with a storage-focused capacity auction scheme just 11 days away.
A flurry of BESS project deployment news in Germany from Re.venture, Green Flexibility, EWE and Terra One, with the projects designed to relieve grid congestion and one configured for a 4-hour duration.
Residential and C&I energy storage provider Turbo Energy has secured a major order from an unnamed industrial group in the construction industry in Spain.
Ignitis Group and Olana Energy have progressed BESS projects in Lithuania closer to construction, with the order of equipment and final investment decision (FID) taken, respectively.
Utility and power firms Axpo and energieUri will together deploy two BESS projects in Switzerland with technology provided by system integrator Fluence.
Dutch BESS operator Return has acquired four ready-to-build (RTB) projects in Germany, while agrifood tech and renewables investor N2OFF has added BESS to a solar project it is developing there.
The sale of the UK BESS-holding Harmony Energy Income Trust (HEIT) proved private capital’s greater patience and valuation around the asset class, the CEO of its former investment advisor told Energy-Storage.news.
